Canadians often take centrist, middle-of-the-road positions on issues and energy are no different, according to David Coletto, CEO of Abacus Data.
The DEP stopped ETP from some work in the state due to permit violations.
Eight capital analyst Phil Skolnick said he did not see Encana's production miss "as a negative" as production in the larger Permian Basin was up.
The gains were attributed to higher crude prices, lower depreciation expenses and cuts in exploration expenses.
As Canada’s domestic producers export heavy crude to the U.S. refiners on the Gulf Coast, many of the country’s refineries are forced to import volumes of light oil.
While companies are finally seeing black in the financial reports again, oil and gas jobs are still lagging, a Conference Board of Canada study revealed.
OPEC's output-limiting pact with Russia and several other non-OPEC producers runs until the end of the year and OPEC is set ot meet in June to decide its next course of action.
Asked about the objective of the alliance, UAE's energy minister said the aim was to build on progress made since the oil cut deal began on sharing information and building trust.
Chevron said April 10 it boosted CEO Mike Wirth's salary by 20% to $1.5 million when he took the oil producer's top job two months ago.
Devon, like many of its shale peers, has come under pressure from Wall Street in recent months to focus less on production and more on ways to boost shareholder returns.